President Dilma Rousseff is to become the first woman to open the general debate at the General Assembly of the United Nations. Her speech at the 66th General Assembly can be watched live on September 21, at 10:00 AM Brasília time (1:00 PM UTC), at http://www.unmultimedia.org/tv/webcast/.
HRT Participações em Petróleo S.A., Thursday signed a contract with the Joint Venture Andrews Technologies, Inc. and Sichuan Honghua Petroleum Equipment Ltd. for the acquisition of four heli-transportable drilling rigs for the exploratory campaign in the Solimões Sedimentary Basin.
The bidding process for the hiring of the drilling rigs was published on June 15 of this year and involved large world corporations.
Brazilian independent oil firm Barra Energia has clinched two separate deals to acquire a combined 30% stake in Block BS-4 in the Santos basin.
The company secured a 20% participation interest from US oil company Chevron and the remaining 10% that Anglo-Dutch super major Shell held in the license, home of the Atlanta and Oliva heavy-oil fields.
In late August, Brazilian player Queiroz Galvao Exploration & Production (QGEP) penned a deal to take 30% of BS-4 from Shell.
US based Unisys Corporation has completed the "Intelligent Cargo" project with Brazil's Secretariat of Ports (SEP). Intelligent Cargo is a study to monitor cargo operations and bring improvements to the import, export and navigation processes at Brazilian maritime ports and logistics chains.
US based NII Holdings, Inc., a differentiated provider of mobile communication services operating under the Nextel brand in Latin America, Tuesday announced the launch of a new brand identity across the region, which includes a new logo, tagline and graphic design.
The new logo will unify the brand identity and enhance brand recognition across all five of the company's markets and is designed to appeal to NII's current customers while attracting new customers in support of the company's growth strategy.
Reed Exhibitions announced Friday the acquisition of Santos Offshore Oil & Gas Expo. The investment comes as the latest addition to a growing number of events in Reed’s global energy portfolio. Held in the port city of Santos in Sao Paulo State, Santos Offshore enjoys a key geographic position.
Brazil continues to develop the extensive Pre-salt oil and gas reserves in the Santos Basin and their largest energy company Petrobras and others are rapidly expanding their infrastructure and engineering presence in the city.
The Brazilian federal government today released a report detailing key progress updates related to the country's preparations to host the 2014 FIFA World Cup, which revealed that Brazil's preparations are progressing smoothly and on schedule. Notably, the government confirmed that today, a full 1,000 days prior to the start of the
2014 FIFA World Cup, preparatory works have begun in all 12 of the World Cup stadiums, and in eight of the 13 host city airports.
Brazil Resources Inc. announced the acquisition of the 24,678 acre Maua Project in the emerging Gurupi Gold Belt located in Maranhão State, Brazil. The project is located approximately 2.5 km. west of the Company's Montes Áureos Gold Project. This is the Company's third acquisition in the Gurupi Gold Belt, and increases the total land package here to 53,263 acres.
BP Plc Thursday announced that it has agreed to acquire an additional 3 per cent share of Brazilian sugar and ethanol producer Companhia Nacional de Açúcar e Álcool (CNAA) from LDC Bioenergia S.A. for a price of approximately US$25 million.
ExactTarget, a global provider of email marketing and interactive marketing solutions, launched its Latin America division Wednesday, following the acquisition of Brazil-based email marketing provider Frontier Digital.
The new Sao Paulo-based operation makes ExactTarget's cross-channel marketing platform available in Latin America and directly supports ExactTarget's multinational clients, including more than 80 enterprises previously served by Frontier Digital that include Abril, Ogilvy One, Wal-Mart, TV Record and Ultrafarma.
OGX, the Brazilian oil and Gas Company responsible for the largest private-sector exploratory campaign in Brazil, announced the acquisition, through its subsidiary, OGX Maranhão Petróleo e Gás Ltda., of a 50% stake in the onshore exploratory block, PN-T-102, in the Parnaíba Basin in the state of Maranhão.
The approval of this acquisition was published on the website of the National Petroleum, Natural Gas and Biofuels Agency (ANP) on September 8, 2011.
PALO ALTO, CA--(Marketwire - September 13, 2011) - A Palo Alto-based startup, I-Postmortem Limited, today launched two online services -- www.i-tomb.net and www.i-memorial.com -- that will expand the boundaries of the Internet by allowing every human being to build his own immortality and leave a trace of his passage on Earth. I-Postmortem Limited has created "The World Virtual Cemetery", the resting place of the virtual memory of deceased people from all over the world.
www.i-tomb.net is "The World Virtual Cemetery".
For the sixth year on a row Petrobras has been listed on the Dow Jones Sustainability Index (DJSI), which assesses the economic, social and environmental performance of more than 300 companies. With this renewal, the company consolidates its position as having some of the world’s best management practices.
Embraer Defense and Security and AEL Sistemas, a subsidiary of Israel’s Elbit Systems Ltd., formalized a partnership to create a new company, Harpia Sistemas S.A., to focus on the unmanned aerial systems (UAS) market. Embraer Defense and Security holds 51% of Harpia’s capital, and AEL the remaining 49%.
Brazilian Metals Group Limited (BMG) Friday entered into an option agreement to add a highly prospective block of iron ore tenements to its Rio Pardo iron project in Northern Minas Gerais, in Brazil.
The new tenement block is called the Catuti block, and is located in the Mato Verde area; 13 km west of the city, in close proximity to the Company’s other key iron ore projects – Rio Pardo and Gema Verde.
Hamilton Lane, an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors, Thursday announced that it is planning to open an office in Rio de Janeiro in order to act as asset manager in Brazil and has hired Ricardo Fernandez Silva, Jr. and Filipe Caldas as Vice Presidents to expand Hamilton Lane's presence into Brazil.
Sodexo announced Wednesday that it has acquired 100% of Puras do Brasil for an enterprise value of approximately €525 million.
Founded 30 years ago, Puras do Brasil is the number two On-site Service solutions operator in Brazil, a fast-growing market. Puras do Brasil has revenues of around €0.5 billion and employs 22,000 persons across the country, operating across 1,300 sites.
In 2011 and 2012 about four million people will discuss public policy at 17 conferences – ten of which have already been scheduled in municipal, state, regional and national levels. In addition, employees, businesspeople, and others are regularly called to take part in negotiations seeking to bring together common interests and to foster an environment of cooperation. This is part of a method of government developed to make interlocution with society organic and systematic.
A group of five Chinese companies consisting of CITIC Group, Baosteel Group Corporation, Anshan Iron & Steel Group Corporation, Shougang Corporation and Taiyuan Iron & Steel Group Co., Ltd. formed a consortium named China Niobium Investment Holdings Ltd. and acquired 15% stake in Companhia Brasileira de Metalurgia e Mineração -CBMM for US$1.95 billion.
Eastman Chemical Company announced Friday that it has acquired Scandiflex do Brasil S.A. Indústrias Químicas, a manufacturer of plasticizers located in Mauá, São Paulo, Brazil. The acquired Scandiflex plasticizer business and manufacturing capabilities are now part of Eastman’s Performance Chemicals and Intermediates (PCI) segment. Terms of the transaction were not disclosed.
On Wednesday, August 31, the President sent the Bill of Law for the Multi-Year Plan (PPA) 2012-2015, denominated the Greater Brazil Plan, to the National Congress. The Plan lays out eleven challenges in development, infrastructure, public security, science, technology and innovation, education, culture and sports, public management, and the eradication of extreme poverty. In all, R$ 5.4 trillion will be invested in 65 themed programs, 38% more than the amount invested in the period before, from 2008 to 2011.
In the last four quarters, the accumulated growth of the Brazilian economy reached 4.7%. The GDP (gross domestic product) in the second quarter of 2011 grew 0.8%.
In comparison with the second quarter of 2010, Brazilian GDP grew 3.1%. The highlights were the increase in services (3.4%), followed by industry (1.7%). Agriculture recorded zero growth.
The Brazilian GDP in current values ​​reached R$ 1.02 trillion (640 billion dollars) in the second quarter of 2011.
02 September, 2011
Univar Inc., a leading global chemical distributor, and Arinos Quimica Ltda. (Arinos), a leading distributor of specialty and commodity chemicals in Brazil, announced Friday that Univar has acquired Arinos. Terms of the acquisition were not disclosed.
John Zillmer, President and CEO of Univar, said Arinos has highly complementary business model to Univar, and provides a strong platform for future growth in the large and rapidly growing Brazilian chemical distribution market.
Svenska Cellulosa AB (SCA) is acquiring the Brazilian hygiene products company Pro Descart. Consideration for the deal amounts to SEK 450 million on a debt-free basis. The company has annual sales of SEK 360 million.
Brazil is the most highly populated country in South America, with 190 million inhabitants and a favorable economic growth. The market for hygiene products has a good growth potential, this applies especially for incontinence care products, having shown double digit growth.